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Part of the book series: The Vienna Institute for Comparative Economic Studies ((VICES))

Abstract

This chapter deals with macro-economic performance and macroeconomic policy in Austria in 1973–1985. In this period the world economy was hit by the two oil price surges with devastating effects on output, employment and inflation. The Austrian economy, of course, was no exception. But it proved to be somewhat more shock resistant than the average of the industrialised countries.

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References

  1. William H. Branson, “Commentary” in Sven Arndt (ed.), The Political Economy of Austria, Washington DC and London, American Enterprise Institute, 1982

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  2. R.J. Flanagan, D.W. Soskice and L. Ulman, Unionism, Economic Stabilization and Incomes Policies, Washington DC, The Brookings Institution, 1983

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  3. Sarah Hogg, “A small house in order”, (survey of Austria), London, The Economist, 1980

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Christopher T. Saunders

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© 1988 Wiener Institut für Internationale Wirtschaftsvergleiche (WIIW) (The Vienna Institute for Comparative Economic Studies)

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Seidel, H. (1988). Austria’s Macro-Economic Policies in the Last Decade. In: Saunders, C.T. (eds) Macroeconomic Management and the Enterprise in East and West. The Vienna Institute for Comparative Economic Studies. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-08375-6_6

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